MP Backs Biodiesel Tax Break Campaign

<br>MP backs [https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price biodiesel tax] break campaign<br><br><br>29 June 2011<br><br><br>[https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html Liberal Democrat] MP Andrew George is backing a [https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4 campaign] to keep [https://pitchbook.com/profiles/company/51278-86 tax breaks] for [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 business] who [https://www.zoominfo.com/c/mission-newenergy/346542889 produce] [https://www.zoominfo.com/c/mission-newenergy/346542889 biodiesel].<br><br><br>[https://www.google.com/search?kgmid=/m/0cqd_rb Producers converting] [https://forest500.org/rankings/companies/mission-newenergy-limited cooking] oil into [https://www.google.com/search?kgmid=/m/0cqd_rb biodiesel] currently [https://www.investing.com/equities/mission-newenergy-ltd-company-profile benefit] from a 20p [https://stocktwits.com/symbol/MNEL differential] but that is due to end next April.<br><br><br>The St Ives MP, who leads the Lib Dem [https://www.pinterest.com.au/missionnewenergy/ Environment] Team, has been [https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html fulfilling] with the [https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html UK sustainable] [https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608 biodiesel alliance].<br><br><br>Mr George said "a variety of little organizations in Cornwall currently generate income from used cooking oil".<br><br><br>He added: "In order to have the ability to get this kind of market going it does need simply a bit of lift which comes in the form of tax foregone."<br><br><br>[https://www.investing.com/equities/mission-newenergy-ltd-company-profile Biodiesel] is a mix of traditional diesel, [https://www.google.com/search?kgmid=/m/0cqd_rb rapeseed] and [https://www.google.com/search?kgmid=/m/0cqd_rb vegetable oils].<br><br><br>Fuel from [https://www.google.com/search?kgmid=/m/0cqd_rb pasties] to [https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/ power cars] and trucks<br><br><br>13 May 2011<br><br><br>Old chip  Place ferry<br><br><br>15 June 2010<br><br><br>St Ives Liberal Democrats<br>